IONQ - 3 Growth Stocks With More Potential Than Any Cryptocurrency
2024-03-30 03:05:00 ET
Many growth investors gravitated back toward the cryptocurrency market this year as hopes for lower interest rates, the approvals of the first Bitcoin spot price exchange-traded funds (ETFs), and big institutional purchases suggested the "crypto winter" was over. However, it's still tough to gauge the true value of most cryptocurrencies, since their price is driven more by supply and demand than by an actual underlying business.
Earlier this month, I suggested that investors buy three promising tech stocks -- Nvidia , Super Micro Computer , and ASML -- instead of going all-in on cryptocurrencies. Today, I'll add three other speculative plays to that list of potential cryptocurrency alternatives: Symbotic (NASDAQ: SYM) , QuantumScape (NYSE: QS) , and IonQ (NYSE: IONQ) .
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3 Growth Stocks With More Potential Than Any Cryptocurrency